Insights Into The Veterinary Stereotactic Radiosurgery System Market’s Growth Potential 2024-2033
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What Growth Rate is Forecasted for the Veterinary Stereotactic Radiosurgery System Market over the 2024-2033 Period?
The veterinary stereotactic radiosurgery system market will grow from $2.61 billion in 2023 to $2.95 billion in 2024, at a CAGR of 13.0%, driven by healthcare investments, pet insurance, and regulatory support.
The veterinary stereotactic radiosurgery system market is expected to grow rapidly, reaching $4.74 billion by 2028 at a CAGR of 12.6%. Growth is driven by an expanding geriatric pet population, increased awareness, and globalization of services. Trends include AI and robotics integration, personalized medicine, telemedicine, collaboration with tech providers, and a focus on minimally invasive procedures.
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Which Factors Are Stimulating Growth in the veterinary stereotactic radiosurgery system Market?
The rise in the pet population is expected to boost the veterinary stereotactic radiosurgery system market. These systems are used to treat tumors in pets with different head sizes and shapes. The People’s Dispensary for Sick Animals (PAW) Report in 2023 noted that 53% of UK adults owned a pet, with 67% of veterinary practitioners reporting an increase in the pet population over the last two years. This growth in pet ownership is driving the demand for advanced veterinary treatment systems.
What Are the Main Segments of the Veterinary Stereotactic Radiosurgery System Market?
1) By Product: Microsurgical Instrumentation, Optical or Viewing Instruments, Other Products
2) By Modality: Gamma Knife, Linear Accelerator, Particle Beam Radiation Therapy, Cyber Knife
3) By Application: Canine, Feline, Other Applications
4) By End User: Hospitals, Contract Research Organizations (CROs), Other End Users
What Innovative Trends Are Redefining the 55 Landscape?
Technological advancements are a key trend in the veterinary stereotactic radiosurgery system market. Major players in this market are developing advanced technologies to sustain their position. For example, Accuray Incorporated launched the CyberKnife S7 system, the latest generation of its CyberKnife radiation therapy platform. This system administers stereotactic radiosurgery and body radiation therapy treatments in a 15-minute timeframe, leveraging motion-synchronization technology for real-time radiation administration.
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Which Regions Are Key Players in the Growth of the Veterinary Stereotactic Radiosurgery System Market?
North America was the largest region in the veterinary stereotactic radiosurgery system market in 2023. The regions covered in the veterinary stereotactic radiosurgery system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Veterinary Stereotactic Radiosurgery System Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the veterinary stereotactic radiosurgery system market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Veterinary Stereotactic Radiosurgery System Market Include
1. Veterinary Stereotactic Radiosurgery System Market Executive Summary
2. Veterinary Stereotactic Radiosurgery System Market Segments
3. Veterinary Stereotactic Radiosurgery System Market Size And Template Market Growth Rate
4. Key Veterinary Stereotactic Radiosurgery System Market Trends
5. Major Veterinary Stereotactic Radiosurgery System Market Drivers
……
25. Key Mergers And Acquisitions In The Veterinary Stereotactic Radiosurgery System Market
26. Top Veterinary Stereotactic Radiosurgery System Companies
27. Veterinary Stereotactic Radiosurgery System Market Opportunities And Strategies
28. Veterinary Stereotactic Radiosurgery System Market, Conclusions And Recommendations
29. Appendix
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